The latest round of talks between trade representatives of China and the United States ended in Washington without any breakthrough even as the Trump administration announced increase of the already existing tariffs on $200 billion of Chinese goods imported into… Read More ›
Geopolitics
Trump escalates trade war
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
U.S. sanctions on metals exports against international commitments: Iran
U.S. President Donald Trump is clamping down on Iran’s export revenue streams so as to force it to change its political stance on Israel. On Thursday, a spokesman for Iran’s foreign ministry stated, U.S. sanctions on its metals are against… Read More ›
BMW takes steps to mitigate escalating U.S.-China trade war
BMW’s strategic decision comes in the wake of U.S. President Donald Trump raising the stakes for China in the trade war by saying he is willing to slap tariffs on Chinese exports to the U.S. worth $200 billion. BMW’s Chief… Read More ›
Chinese Vice Premier Liu He to travel to Washington on Thursday: South China Morning Post
Trump’s threat of adding additional tariffs ion $200 billion exports of Chinese goods to the U.S. is most likely seen as a negotiating tactics by Beijing. On Monday, in a move that essentially underscores the impact U.S. trade tariffs are… Read More ›
Trump likely to further hike U.S. tariffs on Chinese goods this week
The move signals U.S. resolve and intent that it means business. Systemic concerns it has put across to China have to be addressed and resolved. Dilly dallying delaying tactics will not be entertained. In a development that underscores the United… Read More ›
Rate Of UK Firms Going Into Administration In Q1 Highest In Five Years
According to official figures in eth United Kingdom, the rate of increase in the number of company administrations reached its highest since the last five years because of continued uncertainty over Brexit and the struggling high street retailers. In the… Read More ›
Deutsche Bank And Capital One Sued By Trump Because Of House Subpoenas
With the aim of preventing two banks from handing over his financial records to the US Congress, United States President Donald Trump filed legal cases against two banks. The two banks – Deutsche Bank and Capital One, were issued subpoenas… Read More ›
Harley Davidson Blames EU Tariffs For Drop In Profits, Trump Backs Harley
United States president Donald Trump has stood out in support of Harley Davidson motorbike maker by pledging to reciprocate against the so called “unfair” trade import duties imposed on the bikes of the company by the European Union The US… Read More ›
CIA claim of declare Huawei getting funds from PLA is malicious: Chinese Newspaper
The manner in which China’s Huawei Technologies is managed and operated is not known to US authorities and the allegations that this tech giant from China received funds from Chinese security agencies are groundless and morally malicious, said a report… Read More ›